click to show more information

click to hide/show information About your Search

20121027
20121104
Search Results 0 to 24 of about 25 (some duplicates have been removed)
a company can go in bankruptcy and emerge. real life was gm-chrysler didn't have enough money to pay suppliers or employees, and by the time the government could have negotiated guaranteed with anybody that might step up to make a loan, those companies were out of the business. it is reality and he's showing why republicans never say i am sorr it is ridiculous. >> steve, is rick right that bankings were so bad shape they would have gone in bankruptcy and no one would have lent them money. >> in the fall of the 2008 there was a panic on government guarantees. but geral mots and chrysler should have gone in controrsey. equity funds would be willing to get the assets. bankrupt nation and equity funds in greece are saying this is low price and we are come nothing and buying their bonds. >> even bain capital turned it down. the psident said if we listened to romney you are buying foreign cars. what about chrysler isn't tt a foreign car? >> of course we would be buying. >> is chrysler a foreign car company its owned by fiat. >> all of the companies are world car companies. we are a global
at this romney campaign ad slamming president obama. >> obama took a gm and chrysler into bankruptcy and sold chrysler to italians who were going to build jeeps and china. mitt romney will fight for every american job. gerri: and the left out swinging today claiming the ad is inaccurate, including joe biden who called it flagrantly dishonest. my next guest says romney has it right. here to explain, associate fellow for the national legal and policy center. great to have you back. always a pleasure to have you on the show. this all came out of a report in bloomberg. let me read you what the road and read your response. european sales, the ceos, sergio marchini, considering building chrysler models in italy, including jeeps, for export to north america. now, is that true or is that false? >> that is absolutely true, and prior to that there was a bloomberg report that did say that the yacht was going to be building jeeps in china, possibly old jeeps, so that is where the governor romney got that information. now, there was one slight inaccuracies under the romney and where he said the obama admi
what was happening. all of us in the auto industry were looking at gm and chrysler. we sought to companies on the verge offailure that were going to take down the entire supplier industry. we also saw an industry that had to be restructured. bill ford is my hero. he fired in self. they put forward in a good place, so they did not have to be rescued. they laid out a map for what had to be done, and everybody had to sacrifice. neil: and the end justifies it because things are back. and is starting with president bush. i'm not criticizing, but it did not lead to a slippery slope. >> once again, the difference between this was, this was not a bailout. a bailout is when you give money to the existing guys. restructuring. the key thing that obama did -- neil: the, the bankruptcy and restructuring. >> but the restructuring was driven by the president's team. a bankruptcy court would never have done that by itself, and it is the reason i don't like the mitt romney passive approach, just turn over to the courts. it would not have moved fast enough. it would not have taken the action t
voters there. >> obama took gm and chrysler into bankruptcy, and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. charles: all right guys, ford didn't take a bailout and amazing numbers, general motors in the meantime, losing market share, bogged down by the volt, bogged down by a pension, bogged down by government interference, i don't know. >> all of solvable exception the pension problem. they didn't go through a regular structured bankruptcy which is what romney said they could do. yeah, but governor romney there was no private finance, remember the financial markets were collapsing and yet if you read his op-ed and i did the other way, 2008 op-ed put it in restructured bankruptcy and then have government-- >> as a back stop. >> a lot of conservatives don't like that, but you can see what he was talking about. charles: it would have worked, i agree. >> and what's key tt bankruptcy, it would have lowered their labor costs and would have been a requirement in the bankruptcy they're at $80 an hour and now at 60 when the comp
to ford's lackluster performance, chrysler up 10%. was it just an easier comp or are they crushing it? >> you know, chrysler is just unbelievable. they have, we had a forecast of 120,000 units. they did 126,000 units. they're getting terrific help from vehicles like the dodge dart, the small compact sedan they didn't really have in the market before. so, they're getting incremental volume. vehicles like the dodge caravan is doing really well for them also. the jeep grand cherokee. so they're getting help from both cars and their trucks. that really wasn't going on last year. melissa: yeah. rebecca, thanks so much for that. >> thank you. cheers. lori: what a nice of her to take time for us today. she's the best. take michael angelo ceiling frescoes sistine chapel turns 500. melissa: amazing. lori: comes a warning from the vatican is may eventually limit visit to one of the most celebrated wonders of the western civilization. with he can ins craned upward nearly five million visitors enter it each year. in the summer as many as 20,000 enter each day. with all the people comes sweat, dus
or toyota in america? it is not like the auto industry was. >> not at all. >> it is not clear gm or chrysler would not be saved. airlines go through bankruptcy as a fly there is a high probability they would still exist to be scaled down. >> we lose manufacturing jobs. >> politicians love that like a fetish making phoenix to drop by your foot to is more a valuable than services. the mayor can economy is service based. they are devoted to make things you cannot necessarily say. john: that is not real. but a dollar earned and services is not less by a bold and manufacturing. it is not true. manufacturing is doing well. it has increased but the politicians don't get it. >> they don't say it. it is big in the swing states. politically. how bad economics the government got you to replace my beach house. with just a few dabs, it's clically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. [ charlie ] try zinc free super poligrip. john: years ago i decided to build a be
. >> it is not clear gm or chrysler wold not be saved. airlines go through bankruptcy as a fly there is a high probability they would still exist to be scaled down. >> we lose manufacturing jobs. >> politicians love that like a fetish making phoenix to drop by your foot to is more a valuablthan services. the mayor can onomy is service based. they are devoted to make things you cannot necessarily say. john: that is not real. but a dollar earned and services is not less by a bold and manufacturing. it is not true. manufacturing is doing well. it has increased but the politicians don't get it. >> they don't y it. it is big in the swing states. politically. john: years ago i decided to build a beach house. my father said it is on the edge of the notion. are you nuts. go -- it is bluish. i did it anyway. my builder said i could not lose. if thecean took my house uncle sam would pay to replace it. really? under national flood insurance. you have to pay for their advertisement. >> got what insurance? go online. john: flood stupid because it guaranteed it could not lose sight build a beach house. the
. >> not at all. >> it is not clear gm or chrysler would not be saved. airlines go through bankruptcy as a fly there is a high probability they would still exist to be scaled down. >> we lose manufacturing jobs. >> politicians love that like a fetish making phoenix to drop by your foot to is more a valuable than services. the mayor can economy is service based. they are devoted to make things you cannot necessarily say. john: that is not real. but a dollar earned and services is not less by a bold and manufacturing. it is not true. manufacturing is doing well. it has increased but the politicians don't get it. >> they don't say it. it is big in the swing states. states. politically. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to e-mails that keep loyal customers coming back, our easy-to-use tools will keep you in front of your customers. see what's right for you at constantcontact.com/try. john: years ago i decided to build a beach house. my father said it i
at this point? >> and charles, when mitt romney is not telling the truth about chrysler going to china, there's a lot to talk about here. so, there's a lot that's going on in in campaign that's up for debate and everyone can say where the line is. i think a lot of lines have changed and through every campaign cycle, that's a disappointment. but when you look at young kids and voters who may be getting registered this week, today, they look at youtube, they watch it, and they that they need to get out and vote when they see it. >> mary anne, it's andrea. i get that this is a turnout game for the obama administration because they're losing independents in some polls double digits and can't run on their record or the economy, but don't you think that there's a chance that it can back fire. these kids also have parents, they have grandparents, and i mean, did you ever wish that maybe the campaign would have chose a different message instead of abortion, rape and the other things? >> well, as you know, andrea, every time that was in response to what was said by largely middle aged male republicans
sandy cunning last month sales by 300,000 vehicles. chrysler had its best sales since 2007. the irs is giving taxpayers affected by sandy some extra time to file returns and payments. they have extended the original deadline by one week. that is the latest from the fox business network. giving you the power to prosper. ♪ dagen: we have the latest update to bring it on the number of people who are still without power because of hurricane sandy. 4.6 million are still without power. the upside is at the peak 8.3 million were without power and electricity. almost 3.7 million people have had their power restored. you can look at the hardest hit states there. the number of them still have no electricity. we do have some idea of when service will come back. seven-ten days for ps eng, 14 days for the hardest hit areas and men had new york city underline areas will be back. connell: let's go to jeff flock out in hoboken. jeff: half of those people you are reporting on that do not have power are in new jersey. in hoboken, nobody has any power except for that supplied by the national guard.
with the automotive company a tax-free zone in china which means they can -- chrysler could set up shop. basically be part of that tax-free area, and so that third advantage is a big tax advantage. neil: but think about what your saying. all makes perfect business sense, but the president in all of these debates with mitt romney has been saying you want to ship these jobs of the china. here we have bailed out of th company's who we were told, you get this money, save american jobs. we literally are, after all of that, shipping those jobs to china. maybe the right and apparent big macro reasons, but to belittle mitt romney and to say that that is what you're all about, this isn't about casting aspersions on democrats or republicans. if it was a potential i think people would have said, no wway in hell. that's what's happening. >> it's a classic example. with all due respect, president obamai obviously doesn't understand how our multinational company works. there is a board of directors, executives. they are responsible to shareholders to make wise decisions on how to run the operatiin. in fact, if
with long-haul trucks. chrysler has announced they are coming out with a pickup truck. we do have some fords on the road today. if you look at europe, there are 52 makes and models of natural gas vehicles. liz: is this a chicken and egg thing? >> right. right. about 250 filling stations in california. [talking over each other] david: we actually have a couple here in new york. i got into a cab a week ago. he claimed to be one of the very few. i think you can count them on one hand. he has one filling station in southern manhattan and one in northern manhattan. there is, you will have to build out. you talked about natural gas infrastructure for homes, it is true, it exists. you do not have one for cars and trucks. it will cost billions. >> right. by that ended the year, every 250 miles, not talking about heavy-duty trucks, every 250 miles there will be a truck stop. you mentioned our friends out pilate filled the natural gas truck stops. it is not enough? no, of course not. more will be needed. liz: a lot of these gas stations do not have electricity so they cannot extract the gasoline. >> r
the darkened buildings surrounding it. the chrysler building, which is north of 40th street, still pretty wild, like a good beating. brian quinn is on the move. so many people without power. we should also point out that the folks from the medical center, they were evacuating because they have been delivered to two medical facilities. we are wondering which ones. sloan-kettering. several hundred patients that had to be transferred. >> yes, this is definitely manhattan in the dark at this point. >> i would like to go to john with psg. are you there? >> okay, we just lost him. it looks like brian quinn is returning to nyu. once again, the power is out there. the backup generator has failed and they have had to move hundreds and hundreds of patients and a very impressive -- again, a fleet of ambulances transferred these patients and brian quinn told us in an orderly fashion that these hospitals actually have pretty elaborate evacuation plans. and they were able to -- it looks like they're still making the switch from nyu langone to mount sinai. >> net, i am noticing. is it raining in manhattan, n
credit for the survival of gm and chrysler. >> i understand governor romney has time in ohio because he was against it in the auto industry and hard to run away from that position when you're on videotape saying the words let detroit go bankrupt. dennis: geometrics or went bankrupt a merge with help in federal financing. governor romney's plan would government providing guarantees for post-bank of the financing. meanwhile in wisconsin governor romney hit his campaign closing argument. >> he is so sure of that he has one big plan for the next four years. he wants to take all the ideas from the first term, the stimulus, the borrowing, obamacare, all the rest and do it all over again. that idea can be boiled down to four words, more of the same. dennis: president obama spends all day in the buckeye state. back to you. cheryl: more breaking news continuing into fox business. fema now arriving in staten island. let's go back to the latest there. cheryl: this is national guard distributing supplies to people who need party, and they set this up about 10 minutes ago. the bunch of people taking
Search Results 0 to 24 of about 25 (some duplicates have been removed)